- David Lighton is curious over Ripple’s title in a recent article.
- According to Lighton, “Institutional DeFi” does not align with the narrative of the published content.
- Lighton noted that many of the projects Ripple cited in the published document are for retail.
Diameter’s CEO David Lighton has questioned Ripple’s labeling of a recent article, noting a discrepancy between the title and the actual content. According to Lighton, the caption “Institutional DeFi” does not align with the narrative, as many of the projects Ripple cited are for retail use.
3. It's interesting the article is labeled as "Institutional Defi", when many projects cited are for retail. "Institutional" really means "regulatorily compliant" so everyone can use it. The oft-cited narrative of "it's for institutions only" in XRP circles really doesn't apply.— WrathofKahneman (@WKahneman) May 29, 2024
Meanwhile, the Diameter CEO praised Ripple’s insight, “Building blocks of institutional DeFi on XRP Ledger,” as a great roadmap of XRPL DeFi. He considers the article a well-written document that clearly outlines the product pipeline in one place.
Although Lighton beli…
The post Ripple’s ‘Institutional DeFi’ Insight Challenged by Diameter CEO, Yet Praised for Clarity appeared first on Coin Edition.